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Trump proposes USD 5 billion fund to help rebuild Gulf energy sites — WSJ

Forexlive Sentiment: Neutral
The Trump administration’s proposal was reported by the Wall Street Journal, citing U.S. and Middle Eastern officials and documents: The Trump administration has proposed investing USD 5 billion in a new fund that would help Middle Eastern countries rebuild energy infrastructure battered in the Iran war and reduce their reliance on the Strait of Hormuz to transport oil and gas, according to U.S. and Middle Eastern officials and documents seen by the WSJ.

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